Meta Jumps 9% on Cloud News as Bitcoin Tops $60K, Dow Slips

On today's episode of Market Brief – After Hours, Meta jumps 9% on plans to launch a cloud business, hammering specialized cloud providers Nebius and CoreWeave in the process. We break down a wild session on Wall Street where the Dow touched a fresh intraday record before Caterpillar's slide pulled it back, and semiconductor names gave back ground after their blistering first-half run. We also cover Fed Chair Kevin Warsh's comments from Portugal, moves in EUR/USD, GBP/USD and AUD/USD, and a strong day for gold, oil and Bitcoin, which reclaimed the $60,000 level. Tune in for the full breakdown of stocks, bonds, currencies and commodities to close out the week. Hosted on Acast. See acast.com/privacy for more information.